2-bedroom flat · NE8 4XJ
For saleReduced £9k (−15.3%) on 21 JunListed 241 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
Prime new listing. We are excited to present this tenanted 2-bedroom Flat located within a prime location in Bensham.
Sales Evidence: **7, Stephenson Street, Bensham, Gateshead NE8 4XJ, sold for £97,500. 36, Hyde Park Street, Bensham, Gateshead NE8 4QB, sold for £95,000.
306, Victoria Road, Gateshead NE8 4XT, sold for £110,000.** This property is a prime buy-to-let opportunity. It currently achieves a rental income of £500 a month, equating to £6,000 per annum.
If purchased at the guide price, this would generate a remarkable gross yield of 10%, making it a turn-key investment.
The property offers a fantastic prospect for astute investors looking to expand their portfolios.
It is reasonably priced and situated in a sought-after area, presenting great potential for both capital appreciation and rental growth.
With a prime location offering numerous local amenities and excellent transport links to major cities and motorways, this property sits in a highly desirable area, making it a smart choice for prospective buyers.
Prime new listing. We are excited to present this tenanted 2 bedroom flat located within a prime location in Bensham.
The property comprises a welcoming entrance, two spacious bedrooms, a well-equipped kitchen, a modern bathroom, and a cosy living room, with ample storage throughout.
This property is a prime buy-to-let opportunity. It currently achieves a rental income of £500 a month, equating to £6,000 per annum.
If purchased at the guide price, this would generate a remarkable gross yield of 10%, making it a turn-key investment.
The property offers a fantastic prospect for astute investors looking to expand their portfolios.
It is reasonably priced and situated in a sought-after area, presenting great potential for both capital appreciation and rental growth.
With a prime location offering numerous local amenities and excellent transport links to major cities and motorways, this property sits in a highly desirable area, making it a smart choice for prospective buyers.
The property is being offered at a fantastic discount to ensure a sale. Should appeal to anyone looking for a straightforward purchase with excellent upside potential.
Excellent sales evidence in the area: **7, Stephenson Street, Bensham, Gateshead NE8 4XJ, sold for £97,500. 36, Hyde Park Street, Bensham, Gateshead NE8 4QB, sold for £95,000.
306, Victoria Road, Gateshead NE8 4XT, sold for £110,000.** This lot is open to immediate offers. Should you wish to offer now, you can do so via our “Offer now” button on our website.
This property is offered at a fantastic price to ensure an Auction sale. The property will feature in our upcoming timed online auction.
To participate in the live auction, you must have a bidding account created. For further details on how to have a bidding account created, please contact the team.
Location Bensham is a vibrant area in Gateshead, offering excellent amenities, schools, and transport links.
It's known for its strong sense of community and easy access to Newcastle city centre, making it a popular choice for families and professionals alike.
Value & comps
No previous sales on record.
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Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below starting price
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Past performance does not guarantee future results. Tax implications vary by individual circumstances.
Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
Agent & docs
FAQ
About 11, Stephenson Street, Bensham
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